Maryland Faces Huge Foreclosure Backlog
Posted By Bizar & Doyle, LLC on Dec 9, 2011 9:55pm PST
The past few years have seen so many foreclosures logged on court records that some states anticipate going through them for decades. One popular blog in Baltimore noted that with the slow rate of turnover in Maryland courts, it could easily take 21 years for courts to get through the current backlog.
While this figure may seem crazy, Maryland is not the worst state for foreclosure proceedings. There are two more states that have even lower rates of foreclosure turnover: New York, New Jersey as well as the District of Columbia. All three had backlog rates of over 50 years each.
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